Sector Updates

Concirrus, a prominent provider of AI-powered marine insurance intelligence, has launched an updated hull market model. 

Akur8, the next-generation insurance pricing solution powered by Transparent AI, has been selected by Swedbank to enhance its insurance pricing process.   The collaboration aims to revolutionise...

CLARA Analytics, a leading AI technology provider for insurance claims optimisation, has announced a remarkable 100% year-over-year growth in annual recurring revenue (ARR).

Mosaic Insurance‘s cyber division has introduced primary technology errors and omissions (E&O) coverage, aimed at safeguarding tech companies from growing liability risk concerns. 

Overjet, a leading provider of dental artificial intelligence (AI) solutions, has secured a monumental $53.2m Series C funding round, to see the company’s valuation soar to $550m. 

Pattern Insurance and Upper Hand have announced a strategic partnership aimed at delivering seamless access to accident and registration cancellation insurance for parents and athletes involved in sports activities.

Healthee, a healthcare tech pioneer, has managed to secure $32m in its Series A funding round, as it looks to strategically scale its operations.

In an increasingly digitised landscape, the InsurTech sector has leaned more on burgeoning technologies to enhance efficiency and productivity. However, amidst this rapid technological advancement, the significance of robust cybersecurity measures cannot be overstated. But how can you improve your company’s cybersecurity measures?

Bluecyber.insure, a trailblazer in the InsurTech sector specializing in cyber insurance within Brazil, has recently secured a significant financial boost.

HSBC, the global banking giant, has clinched a new Guinness World Record with the sale of the most valuable life insurance policy in history, valued at a staggering $250m.